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Wanda Group Joins China's UnionPay for Mobile Payment System Expansion

Mar 06, 2017 04:36 AM EST

Dalian Wanda Group and China UnionPay have formed a strategic partnership to integrate its offline and online resources.

Advertisements letting customers know of the ability to use UnionPay debit cards at Harrods are shown on February 3, 2011 in London, England.

Russia Wants New Mir Payment System, China's UnionPay to be Compatible

Charissa Echavez |

Nov 05, 2016 10:24 AM EDT

Russia wants to make its new Mir payment system compatible with China's UnionPay to prevent Western financial sanctions, Prime Minister Dmitry Medvedev said in an interview published on Friday.

UnionPay announced that its mainland customers may not be able to use their UnionPay credit card for purchasing insurance products from abroad.

China’s UnionPay Bans Credit Card Payment for Overseas Insurance Products

S. Rina |

Oct 31, 2016 09:17 PM EDT

UnionPay announced that its mainland customers may not be able to use their UnionPay credit card for purchasing insurance products from abroad.

PayPal President and CEO Dan Schulman (center) joins employees, customers and Nasdaq employees while ringing the bell at Nasdaq this morning on July 20, 2015 in New York City.

40M PayPal Users Bought from Chinese E-Retailers in 2015: Report

Charissa Echavez |

Oct 13, 2016 11:21 PM EDT

A new report by the Internet Retailer revealed that an estimated 40 million consumers used PayPal to transact from Chinese e-retailers in 2015.

MasterCard Plans to Apply for Payment License in China

Charissa Echavez |

Jul 23, 2016 07:10 AM EDT

MasterCard is planning to apply for a payment license in China this year after the country opened its market to foreign providers, senior executives revealed on Friday

Chinese users report experiencing technical errors with Apple Pay

Apple Pay Users in China Report Technical Glitches

Charissa Echavez |

Feb 21, 2016 08:10 AM EST

Following the launch of Apple Pay in China on Thursday, smartphone users were reportedly encountering a handful of technical errors with the platform.

Samsung Pay to be Launched in China Next Month

Charissa Echavez |

Feb 21, 2016 08:04 AM EST

Following Apple's launching of its mobile payment system in China, rival company Samsung Electronics unveiled it will follow the step.

Apple Pay Now Available in China

Charissa Echavez |

Feb 18, 2016 08:56 AM EST

Apple Pay has been launched in China on Thursday in a bid to tap into the lucrative market for mobile payment service created by China's 1 billion population.

Chinese splurge on Spring Festival spree via UnionPay

UnionPay Transactions in China Surge During Spring Festival

Charissa Echavez |

Feb 16, 2016 06:40 AM EST

Chinese consumers' transactions on UnionPay defied the economic slowdown to set a record during the week-long Spring Festival holiday, with shopping, dinning and travelling accounting for most of the splurge, the company announced.

Harrods Customers Use UnionPay Debit Cards To Make Purchases

UK eCommerce Firm Powa Strikes Major Deal With China's UnionPay

JB Cach |

Dec 19, 2015 03:19 AM EST

A British eCommerce firm has inked a 10-year deal with China's sole credit card company to bring its payments technology into the world's second largest market.

Apple Inc. and Alibaba Group Holding Ltd.: Real Deal or Not?

Vittorio Hernandez |

Nov 05, 2014 03:29 AM EST

Payment and retail industries experts doubt if the deal between Apple and Alibaba Group Holding will push through. They cited Apple's current partnership with UnionPay as well as the limited scope that AliPay could offer the Cupertino-based tech giant.